Examining the Future: Arrow Electronics's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Arrow Electronics (NYSE:ARW) is set to announce its quarterly earnings on October 31, 2024, with analysts estimating an EPS of $2.22. Despite past earnings beats, the stock has shown mixed price reactions. Analysts rate the stock as Neutral with a potential downside, and the company faces challenges in revenue growth and profitability compared to peers.
October 30, 2024 | 3:02 pm
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NEUTRAL IMPACT
Arrow Electronics is expected to announce its earnings with an EPS estimate of $2.22. Despite past earnings beats, the stock has shown mixed price reactions. Analysts rate the stock as Neutral with a potential downside, and the company faces challenges in revenue growth and profitability compared to peers.
Arrow Electronics is about to release its earnings, which is a significant event for the stock. The EPS estimate is $2.22, and past earnings beats have not consistently led to positive stock price movements. Analysts' Neutral rating and potential downside suggest limited short-term upside. The company's challenges in revenue growth and profitability compared to peers further contribute to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100